Crypto

Seattle Case Exposes Hidden Risks in Crypto Payroll

Guavy AI Editorial Team Published November 1, 2026

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BTC USDC

A recent case in Seattle has highlighted a critical but often overlooked risk in crypto payroll: employers can withhold taxes from employee wages and fail to remit them to the IRS. Ruadhri McCormick, owner of the restaurant Single Shot, employed up to 87 workers between 2014 and 2024. He collected…

The Wire

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